This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2022/08/31)


Kyoto   Hakone

Russian government approves Mitsubishi Corporation investment in new Sakhalin 2 company

2022-08-31 23:04:00
The Russian government announced on the 31st that it has approved Mitsubishi Corporation to invest in a new company established in August based on a presidential decree regarding the Sakhalin 2 oil and natural gas development project in the Russian Far East. On the 30th, it was just revealed that the Russian government had approved Mitsui & Co.'s participation in the project.

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SoftBank Group Vice President Misra resigns to take charge of investment strategy

2022-08-31 22:15:00
SoftBank Group has announced that Vice President Rajeev Misra, who has played an important role in its investment strategy, has resigned on the 31st. The company recorded a final deficit of more than 3 trillion yen in the three-month financial results until June, but Mr. Misra's resignation may affect the group's future strategy.

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Eurozone August consumer price index hits record high of 9.1% following July

2022-08-31 21:01:00
The August consumer price index growth rate in 19 countries in the euro area, including Germany and France, hit a record high of 9.1% following July. Calls for the European Central Bank to raise interest rates sharply are likely to grow to curb uncontrollable inflation.

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Toyota to invest up to 730 billion yen in EV batteries, phased production from the year after next

2022-08-31 20:31:00
Toyota Motor Corporation announced that it will invest up to 730 billion yen in factories in Japan and the United States in order to increase the production capacity of batteries for EV = electric vehicles. We plan to start production in stages from 2024, the year after next.

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yen exchange rate small price movement

2022-08-31 18:55:00
On the 31st, the Tokyo foreign exchange market and the yen exchange rate moved slightly.

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August Consumer Confidence Index improved for the first time in 3 months Background of summer vacation without activity restrictions

2022-08-31 17:53:00
This month's "Consumer Confidence Index," which indicates consumers' willingness to shop, improved for the first time in three months, as economic and social activities began to recover during the summer vacation, when there were no restrictions on activities.

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The number of domestic overnight guests in July increased by 28% year-on-year.

2022-08-31 17:01:00
According to preliminary figures released by the Japan Tourism Agency, a total of 38.85 million people stayed at hotels and inns in Japan in July, an increase of 28.6% from the same period in the previous year. The number of infected people in Japan was increasing rapidly, but it was supported by the spread of the use of "prefectural discounts" that can receive discounts on travel fees. However, compared to 2019 before the spread of infection, it decreased by 25%, of which the number of Japanese guests decreased by 7.1%, while the number of foreign guests decreased significantly by 92.7%. continues.

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Stock prices have fallen slightly.

2022-08-31 15:43:00
On the Tokyo stock market on the 31st, stock prices fell slightly due to a sense of caution that the United States would continue to raise interest rates significantly.

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Gasoline price drops for 3 consecutive weeks National average 168.5 yen per liter

2022-08-31 15:03:00
The retail price of regular gasoline this week averaged 168.5 yen per liter nationwide, falling for the third consecutive week.

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Storage batteries such as EV To train 30,000 engineers Ministry of Economy, Trade and Industry, etc. establish group

2022-08-31 15:02:00
The Ministry of Economy, Trade and Industry has set a new goal of training 30,000 engineers by 2030 in order to increase the production capacity of storage batteries that are indispensable for EVs (electric vehicles). A group that promotes training was established on the 31st.

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Commercial whaling at its peak 3 years after resumption

2022-08-31 12:59:00
Three years after Japan resumed commercial whaling, this year's fishing season is at its peak. The whaling company wants to continue working on the issue of dissemination to consumers.

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Stock price drop

2022-08-31 12:44:00
On the 31st, the Tokyo stock market, stock prices are falling due to a sense of caution that the United States will continue to raise interest rates significantly.

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From the view that the yen exchange rate will temporarily rise to the low 139 yen level against the US dollar

2022-08-31 09:46:00
In the New York foreign exchange market on the 30th, the yen was sold as the interest rate differential between Japan and the United States widened due to the view that interest rates would continue to be raised significantly to curb inflation, triggered by an increase in the number of job openings. The dollar has fallen to the first half of the 139 yen range.

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Kyoto   Mt.Fuji


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